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Drafting a business plan

Last post December 2, 2015 07:58 AM by rajul. 1 repiles.

December 2, 2015 07:53 AM 1
Total Posts: 32
Join Date: September 11, 2006
Rank: Executive
Post Date: December 2, 2015
Posts: 32
Location: United States

Drafting a business plan

Dear community colleagues,

I have a business idea that I'd like to pitch to angel investors and/or vc's. Prior to that,  am told that I need to have a business plan in place. With no experience of having ever worked on something like this, I am requesting your inputs how such a draft can be initiated and what could go thru in this document.

Will be keen to learn whatever input you can please share.

Thanks,

Hitesh

 

December 2, 2015 07:562
proftandon
Total Posts: 101
Join Date: September 11, 2006
Rank: Leader
Post Date: December 2, 2015
Points: 505
Location: United States

Re: Drafting a business plan

The nature of your business, target audience, development phase and outside capital are some of the factors that can determine the precise outline of your plan.

 

December 2, 2015 07:583
rajul
Total Posts: 52
Join Date: September 11, 2006
Rank: Manager
Post Date: December 2, 2015
Points: 260
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Re: Drafting a business plan

Hitesh,
 
Let me share with you a brief outline of how such a plan can be:
 
I) Executive Summary
 
A) Objectives
B) Mission
C) Keys to Success
 
II) Company Summary
 
A) Company Ownership
B) Start-up Summary
C) Company Locations
 
III) Products or Services
 
A) Product/Service Description
B) Competitive Comparison
C) Sales Literature
D) Fulfillment and Delivery
E) Technology to Support Sales
F) Future Products/Services
 
IV) Marketing Plan
 
A) Market Segmentation
B) Target Market Segment Strategy
C) Target Market Analysis
D) Competition and Buying Patterns
E) Main Competitors
F) Distribution
G) Business Participants, Partners, Affiliates
 
V) Strategy and Implementation Summary
 
A) Pricing Strategy
B) Sales Strategy and Sales Forecasts
C) Milestones
D) Strategic Alliances
 
VI) Management Summary
 
A) Organizational Structure
B) Management Team
C) Personnel Plan including Planned Pay Structure
 
VII) Financial Plan
 
A) Funding
B) Key Financial Indicators
C) Important Assumptions
D) Starting Costs
E) Break-Even Analysis
F) Projected Profit and Loss
G) Projected Cash Flow
H) Projected Balance Sheet
I) Business Ratios
 

I hope this can be of some help.